Chapter 710 Capital Increase
Several secondary companies under the Dongfeng Group are involved in the real estate industry, but the focus is on commercial real estate. For example, Centenary Real Estate is mainly engaged in commercial plazas, and the residential sector has just started.
Yu Yongan has his own small thoughts. He sees the huge potential of residential real estate, whether in Hong Kong or the Mainland. Since Century Real Estate has made the commercial plaza the largest in the country, Yongan Group can only focus on entering the real estate industry.
In the area of residential real estate.
He doesn't like to start a full-scale war with Cheung Kong Holdings. His main purpose is to make a name for himself. This competition with Cheung Kong Holdings can be regarded as an important node in the development of Yongan Group. If he wins, he will continue to use sacks in the future.
Just pretend to be rich, lose, and continue to work in the clothing industry.
Among so many secondary companies, Yongan Group is the only group company in which Yao Yuan holds the lowest proportion of shares. That is, Dongfeng Group only holds 70% of the shares, and the remaining 30% of the shares belong to Yu Yongan, who is also second only to Lin Wei in terms of personal assets.
Executive.
Yu Yongan is both a senior executive and the boss of Yongan Group.
This brings about a problem - Yongan Group does not have enough funds and must raise funds.
When he arrived in Hong Kong, he naturally stayed in his own big villa. Lin Wei was already waiting there. After Yao Yuan arrived, he simply took advantage of the time before dinner to hold a meeting in the living room.
Lin Wei directly asked Yu Yongan the most critical question. He said, "Lao Yu, how do you plan to raise funds?"
Whether it's borrowing or financing, it's completely different.
The former will not affect the ownership structure and shareholding ratio, while the latter will directly dilute Yu Yongan's personal shareholding ratio.
This is the most critical and sensitive issue.
Yu Yongan smiled awkwardly and said, "Ah Yuan, Ah Wei, I don't really have much opinion on how to raise funds. It doesn't matter whether you borrow money or inject capital."
"Let's talk about it, you don't have to think about it so much." Yao Yuan waved his hand and said.
Yu Yongan had to think carefully.
When it comes to his own vital interests, he is not as free and easy as he appears. If Yao Yuan wants to inject capital to replenish Yongan Group, Yu Yongan will definitely not object, but he must have opinions in his heart. Yao Yuan simply lets him choose, Yu
Yongan understands this.
Yu Yongan had already thought about such an important issue. He said, "Ayuan, let the headquarters group inject capital. I have thought about it."
Yao Yuan nodded slightly. Of course, this was also his preferred method. If it was a loan, there was no need for him to come in person. Yu Yongan could just talk to Gao Jian or Pan Jie directly.
Gao Jian is in charge of Hua Xia United Bank, Pan Jie is in charge of Shenzhen Development Bank, and Yongan Group is a brother company, so borrowing money is easy to talk about.
However, if Yongan Group wants to borrow money, it will not be tens of millions or hundreds of millions, but billions or even tens of billions. Such a loan contract also needs to be reported to Dongfeng Group for approval and needs to be reviewed by several committees.
Regardless of the time required for the process, the question is how this will make Yao Yuan think, and Yu Yongan has to consider this issue.
Yongan Group is no longer the small group it used to be. Its total assets have exceeded 10 billion Hong Kong dollars. To borrow that much money, it also needs the approval of the holding group Dongfeng Group.
So there will be a situation where the Dongfeng Group is both an athlete and a referee.
Will Yao Yuan refuse to borrow money from his own bank to companies he controls?
If Yu Yongan does this, Yao Yuan will think that he is taking advantage of this to achieve his goal. Doesn't this treat Yao Yuan as a fool?
Yao Yuan may not necessarily think so when it is said that accompanying a king is like accompanying a tiger, but Yu Yongan had to think so and had to try his best to avoid any possibility of misunderstanding Yao Yuan.
Discuss with Yao Yuan and ask the headquarters group to inject capital into Yongan Group. This is the most appropriate approach. Without considering all aspects, Yu Yongan will not go to Xinfeng County to talk to Yao Yuan.
Yao Yuan thought for a while and asked, "How much money can you spend?"
Obviously he was asking about Yu Yongan personally.
Yu Yongan said, "If we scrape together, we should be able to raise more than one billion Hong Kong dollars, no more."
"Um."
Yao Yuan nodded slowly and said, "You can contribute 1 billion Hong Kong dollars. The headquarters group will invest 19 billion Hong Kong dollars. In addition, Yong'an Group can raise no less than 10 billion Hong Kong dollars. It will be enough."
According to the starting price announced by the Hong Kong government for the first time, it is HK$2.26 million per mu, and 10,000 acres of land is HK$22.6 billion. The latest starting price to be announced soon will not be similar to the first announced price.
Yao Yuan prepared based on the capital amount of HK$30 billion, which shows that he has prepared the standard for a premium of more than 25%.
However, after this round of capital injection, Yu Yongan's shareholding ratio will decrease significantly.
But he has nothing to lose. After acquiring this 10,000-acre Central Land plot, Yongan Group's asset size will double. In fact, the value of his personal shares has skyrocketed.
As for Yao Yuan's determination, there is no doubt about it.
This 10,000-acre land on the edge of the Central Ring Road is the last large-scale commercial land in this city. How could he miss such a good opportunity?
After determining the capital increase ratio, Lin Wei immediately calculated the latest shareholding ratio, and Yu Yongan naturally had no objection.
Lin Wei asked Yao Yuan, "Ayuan, does the headquarters group inject capital directly or through other companies?"
Yao Yuan said, "Just inject capital directly."
Yu Yongan secretly breathed a sigh of relief.
If the capital is injected through other companies, such as the French Ward Group and Chunfeng Investment Co., Ltd., which is mainly engaged in investment business in the Mainland and Hong Kong, it means that the shareholders of Yongan Group will increase, which will have an impact on Yu Yongan's management.
Now it seems that Yao Yuan is confident that he will continue to be in charge of Yong'an Group, and Yu Yong'an is relieved.
"The procedure for direct capital injection by the headquarters group is the fastest, and it will arrive tomorrow morning." Lin Wei said with a smile.
Yu Yongan chuckled and said, "Awei, thank you for your hard work."
"Please drink." Lin Wei said.
"No problem! I'll treat you to a drink tonight. After dinner, go to Central and have a good drink." Yu Yong'an was so happy that he immediately picked up his cell phone and called his secretary to make arrangements.
Yao Yuan naturally has no objection.
And his and Lin Wei's reactions made Yu Yongan feel that his position in the minds of these two bosses had not changed. He was still treated as the big brother and was still fully trusted.
Sure enough, after dinner, they went straight to Central, first walked around to look at the 10,000-acre land, and then went to a bar on the rooftop of a building to drink. Yao Yuan was not used to drinking foreign wine, so the original ones were prepared for him.
Pulp beer.
What makes Yao Yuan feel uninterested is that they are the only ones in the whole bar. It's not that the business is not good, but that Yu Yong'an has booked the place.
When you go to a bar to drink, you just want to create an atmosphere. If there are no people around, what kind of atmosphere is there?
The business is getting bigger and bigger, but life is getting more and more boring.
Chapter completed!